Australia's far-right One Nation party said it will not support the government's proposed corporate tax cut, all but ending Prime Minister Malcolm Turnbull's hope for a policy victory ahead of a series of by-elections.

Japan is considering slapping tariffs on U.S. exports worth $409 million in retaliation against steel and aluminium import tariffs imposed by President Donald Trump, public broadcaster NHK said on Thursday.

Connecticut, New Jersey and New York have recently passed laws that will allow taxpayers to dodge a cap on their ability to claim a key tax break. The only thing that's missing is an "OK" from the IRS.